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Resource Bank

Covington, LA · Est. 1998 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Resource Bank is a bank based in Covington, Louisiana, established in 1998, with $935 million in total assets across 11 branches. By Trust Grade it ranks 34th of 105 banks we track in Louisiana. Its capital ratio of 12.7% is stronger than 78% of similarly sized banks, versus a Louisiana median of 10.9%. It was profitable over the most recent period, with a 1.80% return on assets. No consumer complaints against Resource Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$935.4M
$100M–1B institution
Deposits
$801.2M
Branches
11
Capital ratio
12.7%
Top 22% of $100M–1B peers · Louisiana median 10.9%
Return on assets
1.8%
Top 18% of $100M–1B peers · Louisiana median 1.23%
Rank in Louisiana
#34
of 105 banks

How Resource Bank compares to Louisiana peers

Capital ratio
Top 22% of $100M–1B peers
Resource Bank
12.7%
Louisiana median
10.9%
Higher capital ratio = stronger financial cushion
Return on assets
Top 18% of $100M–1B peers
Resource Bank
1.8%
Louisiana median
1.2%
Higher ROA = more profitable relative to asset base

How we graded Resource Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (12.7% capital ratio)
  • Strongly profitable (ROA 1.80%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Resource Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (11)

  • 988 Washington St, Franklinton, LA 70438
  • 402 Avenue B, Bogalusa, LA 70427
  • 5100 Village Walk, Covington, LA 70433
  • 68177 Highway 59, Mandeville, LA 70471
  • 1695 W Causeway Approach, Mandeville, LA 70471
  • 2283 Gause Blvd E, Slidell, LA 70461
  • 100 Christwood Blvd, Covington, LA 70433
  • 321 Veterans Memorial Blvd, Metairie, LA 70005
  • 9513 Jefferson Hwy, Baton Rouge, LA 70809
  • 70533 Highway 21, Covington, LA 70433
  • 5100 Tchoupitoulas Street, New Orleans, LA 70115

Are deposits at Resource Bank insured?

Yes. Resource Bank is an FDIC-insured bank (FDIC certificate #34803). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Resource Bank: frequently asked questions

Is Resource Bank a good bank?

Resource Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (12.7% capital ratio); Strongly profitable (ROA 1.80%).

Is Resource Bank FDIC-insured?

Yes. Resource Bank is a FDIC-insured bank (FDIC certificate #34803). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Resource Bank?

Resource Bank holds $935 million in total assets, ranking 34th of 105 banks we track in Louisiana. It operates 11 branches.

Does Resource Bank have CFPB complaints?

No CFPB complaints against Resource Bank appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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